Allied Universal continues its growth as G4S Secure Solutions U.K., an Allied Universal company with the acquisition of TSS. (Total Security Services). This purchase strengthens the company’s position in the U.K.
TSS, a family-owned business with over 6,500 staff, has more than $170 million in revenue.
“In the past 25 years, Allied Universal has grown from a $12 million company to a $20 billion company, becoming the global leader in security services,” said Steve Jones, global chairman and CEO at Allied Universal. “TSS is the first major inorganic investment in our international business. Our team is reviewing additional opportunities in the US and internationally, and we look forward to continuing our acquisition growth strategy.”
Ashley Almanza, executive chairman, Allied Universal International, added “We are delighted to welcome TSS to the Allied Universal family. Allied Universal and TSS have compatible cultures and a common focus on innovation, technology and service excellence for our customers. We are confident that the combination of our UK security businesses will deliver tangible benefits for customers and employees and we look forward to working with the TSS leadership team to realize these benefits.”